Solmar Capital, Author at Solmar Capital

Data Centers and AI Infrastructure

Electrovaya launches 30-minute BESS targeting US data centers

Electrovaya has introduced the ElvaPulse 1500, a high-power battery energy storage platform capable of fully discharging in under 30 minutes, aimed at AI and data center infrastructure.

August 5, 2026

Finance and Transactions

Google signs 15-year PPA for 155MW Crooked Creek Solar with RWE in Oklahoma

Google and RWE have inked a 15-year PPA for the 155MW Crooked Creek Solar project in Oklahoma, with construction set to begin later this year and commercial operations targeted by 2028.

August 5, 2026

Transmission and Interconnection

PJM advances 700 new generation projects in reformed interconnection cycle

PJM Interconnection has accepted 715 new generation projects totaling over 200 GW for study in its first reformed interconnection cycle, aiming to streamline the process and address rapid demand growth driven by data centers and large loads.

August 5, 2026

Finance and Transactions

Avantus secures $1.05B credit facility for solar and storage buildout

Avantus closes a $1.05 billion upsized corporate credit facility, expanding its development runway to support 24 GW of solar and storage projects in California and the Desert Southwest.

August 5, 2026

Data Centers and AI Infrastructure

Southern Company load commitments surge to 17 GW amid data center growth

Southern Company’s contracted large load has reached 17 GW, driven by major new data center deals including a 3.2 GW OpenAI facility. The utility is deploying innovative flexible demand response mechanisms and anticipates further growth as regional electricity demand accelerates.

August 5, 2026

Grid Operations and Technology

PJM submits one-time auction plan to address capacity gap

PJM has filed a backstop reliability auction plan at FERC to cover a 6.8 GW capacity shortfall linked to soaring data center demand, targeting new supply by late 2028.

August 4, 2026

Finance and Transactions

Goldman Sachs Alternatives acquires RWE U.S. distributed energy assets

Goldman Sachs Alternatives will acquire RWE Americas’ Distributed Clean Energy business, including 348 MWdc of operating assets and a 1.2 GW development pipeline across 16 states.

August 4, 2026

Manufacturing and Supply Chain

Samsung SDI set to begin US LFP battery cell production in Q3

Samsung SDI will start producing lithium iron phosphate (LFP) battery cells in the US in the third quarter, expecting demand to surpass available output.

August 3, 2026

Data Centers and AI Infrastructure

DOE taps Brookfield for Kentucky uranium plant data center, gas complex

The U.S. Department of Energy is converting Kentucky’s Paducah uranium enrichment site into a $100 billion data center and gas power complex, led by Brookfield Asset Management.

August 3, 2026

Market Data and Outlook

Mega-deals, data center power and grid reforms defined the week in US energy

Unprecedented deal activity, surging data center demand, and major grid reforms dominated a tumultuous week for US energy investors and developers.

July 31, 2026